to meet high-end of 2012 profit view

July 24 (Reuters) - TSYS Inc posted a highersecond-quarter profit on growth in cardholder transactions andthe payment processor said it would meet the high-end of its2012 profit outlook.

The company had previously said it expected to earn$1.26-$1.28 per share from continuing operations for the fullyear, on revenue of between $1.81 billion and $1.85 billion.

TSYS, which was once part of regional lender SynovusFinancial Corp, also raised its current share buybackplan to 20 million shares from 15 million and extended the planto April 30, 2014.

For the second quarter, net income attributable to TSYScommon shareholders rose 24 percent to $66.7 million, or 35cents per share, up from $53.7 million, or 28 cents per share, ayear earlier.

Total revenue rose more than 3 percent to $462.7 million.

Same client transactions in the company's card issuerprocessing business rose 12 percent, the company said in astatement.

TSYS's shares touched a three-year high last week after thecompany won a contract to provide processing services for Bankof America's U.S. consumer credit card business.

The Bank of America deal will also raise the company'spayment processing market share.

"Once we convert the (Bank of America) portfolio, we believeour U.S. market share of the Visa and MasterCard credit cardmarket will be in the range of about 40 percent," TSYS CEO PhilTomlinson said on a post-earnings conference call.

Including the Bank of America deal, the company currentlyhas 100 million accounts to be converted onto its processingplatform over the next two years.

CEO Tomlinson also said the company was in talks to getprocessing contracts from banks.

"We have some very good prospects out there. Some largenames that you would certainly recognize and we hope we'll beable to bring some of those to the table in the future,"Tomlinson said.

Shares of the Columbus, Georgia-based company were up over 1percent in trading after the bell. They closed at $23.68 onTuesday on the New York Stock Exchange.